Barrick Gold (Germany) Probability of Future Stock Price Finishing Under 12.05
| ABR Stock | EUR 16.48 0.25 1.49% |
Barrick |
Barrick Gold Target Price Odds to finish below 12.05
The tendency of Barrick Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to € 12.05 or more in 90 days |
| 16.48 | 90 days | 12.05 | near 1 |
Based on a normal probability distribution, the odds of Barrick Gold to drop to € 12.05 or more in 90 days from now is near 1 (This Barrick Gold probability density function shows the probability of Barrick Stock to fall within a particular range of prices over 90 days) . Probability of Barrick Gold price to stay between € 12.05 and its current price of €16.48 at the end of the 90-day period is about 13.75 .
Assuming the 90 days horizon Barrick Gold has a beta of 0.33. This suggests as returns on the market go up, Barrick Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Barrick Gold will be expected to be much smaller as well. Additionally Barrick Gold has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Barrick Gold Price Density |
| Price |
Predictive Modules for Barrick Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Barrick Gold. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Barrick Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Barrick Gold is not an exception. The market had few large corrections towards the Barrick Gold's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Barrick Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Barrick Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | -0.11 |
Barrick Gold Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Barrick Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Barrick Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Barrick Gold generated a negative expected return over the last 90 days | |
| About 63.0% of the company shares are held by institutions such as insurance companies |
Barrick Gold Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Barrick Stock often depends not only on the future outlook of the current and potential Barrick Gold's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Barrick Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 B |
Barrick Gold Technical Analysis
Barrick Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Barrick Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Barrick Gold. In general, you should focus on analyzing Barrick Stock price patterns and their correlations with different microeconomic environments and drivers.
Barrick Gold Predictive Forecast Models
Barrick Gold's time-series forecasting models is one of many Barrick Gold's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Barrick Gold's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Barrick Gold
Checking the ongoing alerts about Barrick Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Barrick Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Barrick Gold generated a negative expected return over the last 90 days | |
| About 63.0% of the company shares are held by institutions such as insurance companies |
Other Information on Investing in Barrick Stock
Barrick Gold financial ratios help investors to determine whether Barrick Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Barrick with respect to the benefits of owning Barrick Gold security.